Ignacio Mas is executive director at the Digital Frontier Institute. He is also senior fellow at the Fletcher School at Tufts University and the Saïd Business School at Oxford University.
The Financial Sector Deepening Trust of Tanzania (FSDT) undertook a census of cash outlets in the country, and discovered that half of all agents do more than 30 transactions per month and nearly two-thirds of agents are exclusive to M-PESA.
Places where one can exchange cash for transferable or storable electronic value is an essential component of financial access. Given the paucity of financial infrastructure in Tanzania, we wanted to know how deeply mobile money agents have penetrated rural areas.
